Mark Blyth Book Panel: Austerity: The History of a Dangerous Idea▬ April 23, 2013

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Watson Institute for International and Public Affairs

10 жыл бұрын

bit.ly/1cTDGwh Author and professor at Brown University, Mark Blyth discusses his book, "Austerity: The History of a Dangerous Idea" (Oxford University Press, USA, 2013). Commentators on the panel: Alex Gourevitch, Postdoctoral Research Associate, Political Theory Project and Sharon Krause, Political Science, Brown University.
In "Austerity: The History of a Dangerous Idea," Blyth demolishes the conventional wisdom, marshaling an army of facts to demand that we recognize austerity for what it is, and what it costs us.

Пікірлер: 62

@b.terenceharwick3222 6 жыл бұрын

"Austerity has never worked" as a political economic policy. "If each of us has the chance to better our condition, then capitalism overall serves everyone....If on the other hand, it doesn't, if it stacks the deck, if it skews the outcome, if it takes away from those who already do not have most of the reward to maintain the rewards of those who have got the most already, then the system is indefensible. And I don't want that to happen. So that's why this book was written." Mark Blyth

@aundriamarshall3187 5 жыл бұрын

Mark Blyth has a piece of my heart!!!

@yordang2818 7 жыл бұрын

To Marck Blyth.Sir you should go to Bulgaria and explain to all financial institutions how and why the austerity will never work.

@ericrobinson7184 5 жыл бұрын

Masterpiece...love Mark's heartfelt analysis....and peerless precision.

@CarlyonProduction 3 жыл бұрын

This is a great talk. One of Marks best. Seems like it might become relevant again in the post corona world.

@tonywilson4713 2 жыл бұрын

I actually came looking for this vid because I saw this today (5-Jan-2022) -> kzfaq.info/get/bejne/baylebVnytybY4E.html

@MrMarinus18 Жыл бұрын

Austerity especially in the US was also very racist. A big part was that the white middle class did not want to pay additional taxes to uplift blacks.

@pequodexpress 5 жыл бұрын

What's illustrative of Blyth is that if you give a kid from the lower economic strata the opportunity for an adequate education, there is a likely chance that he will not toe an establishment party line as he progresses through that education, which is why, from an establishment point-of-view, you have to limit educational opportunities for such people because there are no guarantees they will imbibe the ideological beliefs they are expected to have if they gravitate to positions of social, political, and economic influence. Every now and then, you will get a Clarence Thomas, but not on the whole.

@lutherblissett9070 5 жыл бұрын

Since the purge of Marxists and Marxism from academia in the 60s it's been educational policy to not allow too much free thought.

@satyricon451 5 жыл бұрын

...Or a Thomas Sowell for that matter. If I recall correctly, his point in revealing his lower-class bona fides is to demonstrate that investing in lower class children will yield a revenue dividend. And what trumps establishment ideology? Money! ;)

@IzabelParis 7 жыл бұрын

Mark Blyth starts @ 5:35

@xandercorp6175 6 жыл бұрын

For once, I didn't mind the introductory speaker. Clear, communicative, well-spoken. 5 minutes introduction for an hour and a half isn't bad.

@jones1351 4 жыл бұрын

Thanks. The intro isn't necessary - right? I know who's about to speak. That's why I clicked on the video. 😁

@Levin1877 7 жыл бұрын

I really wish the young generation from Eas...cough Central Europe, for instance all those self-confident, haughty but honest and intelligent Reddit commentators from the Baltics, blinded by their ideological hatred towards anything slightly leftier than Mrs. Thatcher, I wish they could see this and started reflecting about the injustified and unnecessary pain that the antisocial ideology they revere so much has caused to their beautiful countries.

@roc7880 3 жыл бұрын

that's a saying in my country, in the countryside, that you cannot shit on somebody's else taste. the same thing I see here in US, those who would benefit the most from medicare for all are its biggest enemies....

@NickolaiFury 7 жыл бұрын

Brilliant. His accent makes economics even more interesting, adding to an already great thesis. Great stuff! :D

@ramsayross 7 жыл бұрын

Did anyone else notice Socrates sitting in on this? go to 1:03:51. He's sitting two rows in front of Rose, who is speaking.

@roc7880 3 жыл бұрын

his beard is too perfect. Socrates was more like the junkie stopped by the cops

@nuthinasitseems5213 7 жыл бұрын

Mark Blythe Max Keiser Prof.Richard Wolff etcetera sat together at roundtable could sort this whole thing out

@lutherblissett9070 5 жыл бұрын

@Escorpion Venenoso And Keiser.

@antediluvianatheist5262 4 жыл бұрын

@@lutherblissett9070 Prove it.

@vidfreak56 7 жыл бұрын

Growth cures debt, but you can't grow forever.

@roc7880 3 жыл бұрын

and this is why he said that Canada paid its debt ONLY after it grew.

@vidfreak56 3 жыл бұрын

@@roc7880 AS i said, you can't grow forever. So what are you gonna do if you can't grow?

@roc7880 3 жыл бұрын

@@vidfreak56 Keynes told us already, PUBLIC SPENDING.

@vidfreak56 3 жыл бұрын

@@roc7880 Sure. That would have to be what happens.

@roc7880 3 жыл бұрын

@@vidfreak56 this is corporate welfare not public spending to increase aggregate demand.

@paullymberopoulos2593 5 жыл бұрын

It ain't rocket science if no one is spending the state should

@amandalbradshaw 9 жыл бұрын

Come to Columbia!

@THEWHIPX1 7 жыл бұрын

"They only ever do that during a war" like whats happening with Syria & Russia right now.

@searose6192 7 жыл бұрын

At 1:17:00 He says the left will have to rise again.....here we come!

@Camcolito 4 жыл бұрын

And there we go!

@tridang3562 9 жыл бұрын

will you be there if we come?

@esmaelbeniadama2129 8 жыл бұрын

I guess I'll just have to buy the book and read it cause I don't understand what he's saying.

@dundeedolphin 8 жыл бұрын

Play it back at reduced speed :-)

@CoolGuy-fg3xv 4 жыл бұрын

Play it at x2 speed and you will learn twice as fast 💨

@fishysnake1 7 жыл бұрын

Was that "pseudo-monetarist" or "sado-monetarist"?

@Signorscrittore 7 жыл бұрын

Sado.

@mmmk6322 4 жыл бұрын

So... Andrew Yang will have this guy as secretary of treasury?

@Dblue-rhino Жыл бұрын

I thought that austerity meant there is no money to pay for anything, so you don’t get it. In some countries it means you starve. If we hadn’t elected Democrats, they wouldn’t have overspent, we wouldn’t have over printed, and we wouldn’t be in this mess. Cannot imagine this happening in a Mormon household

@jmc5335 Жыл бұрын

Are you being serious here?

@jmc5335 Жыл бұрын

@Thomas V. Worm Unsure what led to me getting a sermon of the MMT.

@jmc5335 Жыл бұрын

@Thomas V. Worm Well, that's not quite true. Nonetheless, I'm still puzzled as to why you're lecturing

@jmc5335 Жыл бұрын

@@ThomasVWormI'm still quite perplexed as to what qualified me for a lecture. Especially from someone who asks daft questions like that

@jmc5335 Жыл бұрын

@@ThomasVWorm I'm knowledgeable enough to understand that MMT is not confined to your quite narrow and inaccurate definition, and also to see that you are now projecting your own failings

@dadsonworldwide3238 Жыл бұрын

It creates oligarchs and the working class still pays just like now. The monopoly corporation still wins out

@nuthinasitseems5213 7 жыл бұрын

Debtor paradise living in a gangsters..paradise

@TooManyBrackets 5 жыл бұрын

1:06:40 Could do a whole talk just on that!

@Olebull93 7 жыл бұрын

Whats with the hand gestures in the introduction at 0:06? Innternal joke i reckon? Or is it an expression of "insert demon here" a mild skitsofrenia, angsiety attack, hatred the list goes on and on.

@ramsayross 7 жыл бұрын

come in and sit down, there are spaces at the front.

@Olebull93 7 жыл бұрын

Im gona stick with that :P